If you’ve kept up with the news, you might have heard that the Reserve Bank of India has introduced a new method of calculating bank lending rates. It’s called the Marginal Cost of Funds based Lending Rate. The new calculation method will replace the base rate system to make deciding the lending rates for loans much easier. Let’s tell you all about the new method.
Wishing you a Merry Christmas! This Christmas make your wishes come true. We have the best of Personal Loans, Home Loans, Car Loans and Credit Cards… just for you! It’s time to tackle your wishlist, today!
Credit Score is one of the primary factors taken into account when apply for a loan. Having a bad credit history might impact your loan eligibility. Here are a few useful tips to improve your Credit Score.
Are you a responsible Credit Card user? If not, we must warn you that it’s extremely important to use your Credit Card wisely. Why, you ask? Well, it not only helps you stay debt free but also positively affects your Credit score. What more! You can live a stress-free life if you manage your Credit Card responsibly. So, here’s a list of pointers!
A Home Loan is one of the biggest debts that you’ll probably take in your lifetime. The pay-back period spans 20-30 years and takes up more than half of what many may earn in a month. Paying off a Home Loan is a long process. This systematic repayment of debt often pops up in the finance section of a news article as ‘home loan amortization’.
If you thought a slight delay in paying your monthly utility bills wouldn’t have an impact on your CIBIL score, you might have to think again! Very soon the policies might change and you may have to develop the habit of paying bills on time every time to improve your CIBIL score.
Buying a car for the first time can be exciting and gratifying. If you have a family, it’s even more gratifying as daily conveyance and weekend getaways are now within easy reach. If you’re a rookie to the world of automobiles, a little bit of caution and homework can make the experience a delightful one. Here are some aspects which will provide some tips for first-time car buyers in India.
The Home & Car Loan sale is on right now! A free Gift Card from Amazon could be yours this December when you apply for a Home or Car Loan. Read on to find out more about this Exclusive BankBazaar offer.
You decided to tip the waiter generously for great service. Then you see the bill and you’re baffled – it’s a bit more than expected. The culprit? Service taxes, service charges and more. Now you’re in a fix. Should even tip the waiter? Forget about tipping generously! We often tip because we feel obligated and also because we don’t want to feel guilty. It’s the right thing to do, isn’t it? Wrong!
This is your go-to guide to National Savings Certificates. A savings scheme that gives you guaranteed returns and tax benefits, National Savings Certificates are great if you’re looking for investments with a maturity period of 5 or 10 years. If you want to compare National Savings Certificates with the Public Provident Fund, we’ve done that for you too. Read on and decide the best investment option that would suit you.